Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Greece, Ministry of Energy is planning to set up deadlines for renewable energy projects

Greek Ministry of Energy is planning to set up deadlines for renewable energy projects which have obtained connection permits from the transmission system operator ADMIE but still have not progressed from the planning phase as a result of failure to submit contract applications in order to free up network capacity held by these stagnant projects.

In total, about 3.6 GW in RES projects have not progressed further from securing network connection permits. The Ministry estimates that some 1.5 GW of these projects will be removed, thus freeing up much needed network capacity.

RES projects that have received network connection permits up to 31 December 2020 will have a deadline of 30 June 2023 to submit their contract applications. Projects that received connection permits between 1 January and 31 December 2021 will have a deadline of 31 August 2023.

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